Meta Fined $843 Million by EU

European Commission Fines Meta for Serving Consumers
If advertisers don’t want to give data to Facebook Marketplace, they shouldn’t advertise on Facebook.
EU Fines Meta $840 Million Over Classified Ads Business
An EU commission alleged that Meta leveraged its dominance in social networking to gain an unfair advantage in online classified ads.
Meta Fined $840 Million in Europe for Boosting Marketplace Unfairly
Meta said it would appeal the decision by the European Union, which said the company had abused its dominance in social networking to strengthen its shopping and classified ads service.
EU fines Meta over $840 million for ‘abusive practices’ favoring Facebook Marketplace
Meta received a fine of over $840 million on Wednesday for breaching the European Union’s antitrust rules as it relates to market domination after three years of legal proceedings. The
EU slaps Meta with a nearly 800 million euro fine for engaging in ‘abusive’ Marketplace practices
European Union regulators hit Facebook parent Meta with a fine of nearly 800 million euros on Thursday for what it calls “abusive practices” involving its Marketplace online classified ads business.
Meta Fined $843 Million by EU Over Marketplace Ads Platform
The European Commission fined the company over allegations that it tied its classified-ads platform to its flagship social network.
E.U. fines Meta $840 million for ‘abusive practices’ on Facebook Marketplace
European enforcers accused the tech giant of using its popular social network to unfairly advantage its classified-ads business.
EU Fines Meta $843M For Tying Marketplace to Facebook, Harming Competitors
Meta Platforms has been fined 797.72 million euros ($843.31 million) by European regulators over alleged harm to other classified marketplace providers in Europe caused by attaching its Marketplace product to Facebook,
EU fines Meta 797 mln euros over abusive practices benefiting Facebook Marketplace
The European Commission on Thursday fined Meta Platforms €797.72 million ($840.24 million) over abusive practices benefiting Facebook Marketplace, it said in a statement, confirming an earlier report by Reuters.
EU issues €797M antitrust fine to Meta over Facebook Marketplace
Launched in 2016, Facebook Marketplace enables users of Meta’s flagship social network to buy and sell goods. The European Commission, the EU’s executive arm, launched a probe into the service in 2021 over concerns it may harm competition. Today’s fine is the culmination of that probe.
EU fines Meta $842 million in a Facebook Marketplace antitrust case
The executive arm of the European Union isn’t shying away from slapping major tech companies with hefty fines. The European Commission has fined Meta €797.12 million ($842 million) for violating antitrust regulations.
The Financial Express1hOpinion
European Union’s Big Tech battle
The EU’s aggressive stance against Big Tech has inspired governments worldwide, from Australia to the US, to draft their own ...
Meta to offer Facebook and Instagram users in Europe less personalized ads after pressure from regulators
Data from all of a user's previous time spent on Facebook or Instagram, which is typically combined to precisely target an ...